Lara Exploration (CVE:LRA) Reaches New 12-Month High – Here’s Why

Shares of Lara Exploration Ltd. (CVE:LRAGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$1.69 and last traded at C$1.66, with a volume of 36765 shares changing hands. The stock had previously closed at C$1.59.

Lara Exploration Trading Up 4.4 %

The firm has a market capitalization of C$76.08 million, a price-to-earnings ratio of -83.00 and a beta of 0.31. The stock has a fifty day moving average price of C$1.45 and a 200-day moving average price of C$1.25.

About Lara Exploration

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Lara Exploration Ltd., through its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in South America. The company explores for copper, gold, silver, iron, phosphate, titanium, vanadium, tin, lead, and zinc deposits. It holds interest in the Planalto copper project located in the Carajás Mineral Province of northern Brazil.

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